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Description: Set on an elevated and expansive 1,104m2 parcel, this versatile property presents an outstanding opportunity for families, investors, and developers alike.
With an approved DA for a two-lot subdivision already in place, there is immediate potential to either add value and maximise the block's full potential or simply enjoy the generous land size and yard space.
Internally, the home offers a low-maintenance lifestyle with charming cypress pine timber flooring throughout, complemented by an updated kitchen and laundry. These improvements enhance the home's warmth and character while still leaving scope for future renovations to add your own taste and flare to the space.
The light-filled living area enjoys a desirable northern aspect and is serviced by a split system air conditioner for year-round comfort. It flows seamlessly through to the dining space and updated kitchen, which features stone benchtops, ample storage, a dishwasher, and modern electric cooking appliances. The adjoining laundry continues the same finishes and provides direct access to the rear yard.
Accommodation includes three well-sized bedrooms; all fitted with built-in wardrobes and ceiling fans. The central bathroom (original) offers both a bath and shower, with a separate toilet for added convenience.
Downstairs, the single garage provides excellent storage options along with space for a workshop, with scope to enhance or expand this area if desired. Outside, the backyard is exceptionally large and offers endless possibilities, whether it be space for the kids, room for entertaining, or future improvements such as a pool, landscaping, or additional shedding.
Positioned in a friendly and convenient pocket, the home is within walking distance to local schools and only a short drive to Toormina shopping centre or Sawtell Village for cafes and pristine beaches.
Development Opportunity
The property comes with an active Development Approval (DA) for subdivision into two Torrens Title lots. The proposed rear lot is suitable for a family-sized home, offering excellent potential for dual income/investment or could provide a wonderful opportunity for families buying together that want separate living within close proximity.
Key Property Features:
• Large 1,104m2 elevated block
• Approved DA for subdivision into two Torrens Title lots
• Three bedrooms, all with built-in wardrobes + ceiling fans
• Light-filled living area with northern aspect
• Updated kitchen with stone benchtops and modern appliances
• Renovated laundry with additional storage
• Timber flooring throughout
• Split system air conditioning and ceiling fans throughout for year-round comfort.
• Spacious backyard with excellent future potential
• Solar power system installed
• Walking distance to schools and short drive to shopping centre and beaches
Whether you're searching for a comfortable family home, a smart investment, or a property with exciting development potential, this is an opportunity that delivers flexibility, space, and future upside.
Please note the property is currently tenanted with the tenant interested in renewing the lease if suitable. This lease term ends in July 2026.
Approximate Council Rates: $3,520 Per Annum
Estimated Rental Income: $680-$700 per week
Land Size: 1,104 sqm - zoned R2 (low density residential)
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